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Council Decision (EU) 2019/1255Show full title

Council Decision (EU) 2019/1255 of 18 July 2019 amending Protocol No 5 on the Statute of the European Investment Bank

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Article 1U.K.

Protocol No 5 on the Statute of the European Investment Bank, annexed to the Treaty on the Functioning of the European Union, is amended as follows:

(1)

the first subparagraph of Article 4(1) is amended as follows:

(a)

the introductory part is replaced by the following:

1.The capital of the Bank shall be EUR 248 795 606 881, subscribed by the Member States as follows:;

(b)

the lines concerning Poland and Romania are replaced by the following:

Poland11 366 679 827
Romania1 639 379 073;
(2)

the third subparagraph of Article 9(2) is replaced by the following:

The alternate directors shall be appointed by the Board of Governors for five years as shown below:

  • two alternates nominated by the Federal Republic of Germany,

  • two alternates nominated by the French Republic,

  • two alternates nominated by the Italian Republic,

  • two alternates nominated by common accord of the Kingdom of Spain and the Portuguese Republic,

  • three alternates nominated by common accord of the Kingdom of Belgium, the Grand Duchy of Luxembourg and the Kingdom of the Netherlands,

  • three alternates nominated by common accord of the Republic of Croatia, Hungary and the Republic of Poland,

  • four alternates nominated by common accord of the Kingdom of Denmark, the Hellenic Republic, Ireland and Romania,

  • six alternates nominated by common accord of the Republic of Estonia, the Republic of Latvia, the Republic of Lithuania, the Republic of Austria, the Republic of Finland and the Kingdom of Sweden,

  • six alternates nominated by common accord of the Republic of Bulgaria, the Czech Republic, the Republic of Cyprus, the Republic of Malta, the Republic of Slovenia and the Slovak Republic,

  • one alternate nominated by the Commission..

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